Terex Posts $2.2B in Third-Quarter Sales
TEX sits 15% above its 52-week low of $41.7 on elevated volume (3.6× avg).
Summary
Terex reported third-quarter sales of $2.2B, matching the revenue level it posted in Q2, with the quarter beating on higher shipment volumes. The profit picture is now known: EPS came in at $1 and adjusted EPS at $1.50. Segment sales were $709M in Aerials, $657M in Specialty Vehicles, $434M in Materials Processing and $400M in Environmental Solutions. Q2 had come in strong — sales up 50.5% to $2.2B with adjusted EPS of $1.37, helped by the REV Group acquisition and backlog of $6.9B. The company announced on October 16 that it would report results October 28 with a conference call the same day. Looking ahead, Terex sees 2026 sales of $8B-$8.2B and 2026 adjusted EPS of $4.80 to $5.
At the time of this announcement, TEX was trading at $48.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $5.7B. The 52-week trading range was $41.70 to $74.69. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.